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AirDNA Data: US Michigan Algonac

How is Algonac performing?

17

Bad
Market Score

67

Investability

36

Rental Demand

29

Revenue Growth

7

Seasonality

37

Regulation

Annual Revenue

$16.9K

+3%

past year

Occupancy Rate

45%

+4%

past year

Average Daily Rate

$256.1

+3%

past year

Revenue per Available Rental (RevPAR)

$110.1

+6%

past year

Algonac Performance Details

Total available listings

77

+3%

past year

Listings by rental channel

Channel

Airbnb (40%)

Vrbo (21%)

Both (39%)

Listings by rental size

Bedrooms

1 Bedroom (19%)

2 Bedroom (23%)

3 Bedroom (32%)

4 Bedroom (17%)

5+ Bedroom (8%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (25%)

91-180 nights (42%)

181-270 nights (23%)

271-365 nights (10%)

Listings by rental type

Type

Entire Home (97%)

Private Room (3%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (11.8%)

Moderate (67.1%)

Strict (21.1%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (45.5%)

3 Nights (27.3%)

4-6 Nights (11.7%)

7-29 Nights (2.6%)

30+ Nights (13.0%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Kitchen

95%

Aircon

94%

Heating

91%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
20.0%15
4.94
Freshwater Vacation Rentals
20.0%72
4.98

Occupancy

Occupancy Rate

45%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,687,031

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$45

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$45

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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